SOUTHWESTERN MINNESOTA OPPORTUNITY COUNCIL INC

WORTHINGTON, MN, 56187-0787 (507) 376-4195 Est. 1965 EIN 41-6050245

S200— Community Improvement Form 990 501(c)(3)

Mission

To strengthen our communities through opportunities and service, to help build community resources and help move people out of poverty.

Total Revenue

$7,891,395

Total Expenses

$7,264,155

Net Assets

$5,512,621

117 employees 167 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

9.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 15.9%

Expenses ↑ 8.3%

Revenue Sources

Contributions 64.3% Earned revenue 32.4% Investment 3.3%

Expense Breakdown

Program 83.6% Management 16.4%

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Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$7,891,395 ↑	$7,264,155	$5,512,621
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$6,810,170 ↑	$6,706,656	$5,079,870
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$6,694,625 ↑	$6,635,890	$4,939,586
2021 Form 990 Jan 1, 2021 to Dec 31, 2021	$5,602,564 ↑	$5,683,850	$5,472,411
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$4,970,026 ↓	$5,572,047	$5,483,537
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$6,701,763	$5,643,872	$4,993,317